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Home » Store » News » Wisconsin Appeals Court Rejects Bondholders’ Motion for Injunction in Ambac Rescue Case

Wisconsin Appeals Court Rejects Bondholders’ Motion for Injunction in Ambac Rescue Case

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A group of investors that own residential MBS lost its bid again this week to stop a proposed settlement agreement between Ambac Assurance Corp. and a group of 17 banks after a Wisconsin appeals court rejected the investors’ motion. The ruling by Judge Paul Higginbotham of the Wisconsin Court of Appeals, District IV, in Sean Dilweg v. Wells Fargo Bank...
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